Price Reduced Niche Pottery & Giftware Retailer For Sale

Business description

Advent Business Sales is pleased to offer to the market this niche pottery and gifts retailer based in a modern shopping centre in Warwickshire.

The business, which was established by the vendor is only now being reluctantly offered for sale due to family ill health.

The shop offers many famous and very collectable pottery items by names such as Anita Harris, Dartington, Babbacombe, Honiton and Janice Tchalenko and prides itself on selling one off products that are not available elsewhere.

They also stock natural skin care products, hand made cards, bonsai trees, paintings by local artists, lighting, rugs, costume jewellery and house ware.

The business benefits from a growing level of repeat business due to the owners excellent reputation and location. The customer base is mostly local but tourism is growing steadily and now accounts for approximately 10% of trade.

The busines achieves its current sales levels with no advertising whatsoever with most new trade coming via personal recommendation.

The premises are decorated to a very high standard with a new purchaser being able to trade from day one with no further work to do.

We are advised that stock is approximately £5,000 at cost.

ref:8720CV

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 5 years
Remaining lease: 4.5 years
Review every: 5 years
Rent: £12600 per annum

We are advised that the annual business rates are currently: TBA

Living accommodation:

BUSINESS PREMISES An attractive ground floor lock up premises located in the centre of a shopping arcade but only a stones throw from the city centre itself with its myriad of shops. It has the added security of a roller shutter to the main window. Ground floor with a large attractive double window display with side entrance door leading into the main sales area with 3 glass display cabinets, side racking, centre wooden display, tills and counter to rear of shop. W/c, kitchen area and rear access. Attractive laminated floor throughout whole shop was totally refurbished only 6 months ago.

Location:

The business is ideally located in a busy shopping arcade in Warwickshire. Other shops along the arcade include a florist, jewellers, butchers, computer games and a wine bar. The arcade has its own roof top car park with plenty of spaces available. Immediately opposite the arcade is Ikea, which with the other shops al contribute to bring good footfall levels to the area.

There are road links via the M40, A46, M1 and M6 to the nearby towns of Warwick, Kenilworth, Leicester, Birmingham, Leamington and Stratford.

Other information

Expansion potential:

There is excellent potential for growth including product sales by the internet, local advertising and pottery and art lessons in the shop.

Trading hours:

Mon – Sat: 9am – 5.30pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• 
• Sales paticulars